GlobalIndices 30‐May Prev_Day Abs.Change
DowJones 25,170 25,126 43 0.17
Nasdaq 7,568 7,547 20 0.27
FTSE 7,218 7,185 33 0.46
Nikkei 20,943 21,003 ‐61 ‐0.29
HangSeng 27,115 27,236 ‐121 ‐0.44
IndianIndices 30‐May Prev_Day Abs.Change
S&PBSESensex 39,832 39,502 330 0.84
Nifty50 11,946 11,861 85 0.71
Nifty100 12,038 11,962 76 0.63
NiftyBank 31,537 31,296 242 0.77
SGXNifty 11,947 11,854 93 0.78
S&PBSEPower 2,036 2,004 32 1.58
S&PBSESmallCap 14,964 14,934 30 0.20
S&PBSEHC 13,326 13,313 14 0.10
Date P/E Div.Yield P/E Div.Yield
30‐May 28.95 1.19 29.65 1.22
MonthAgo 28.96 1.19 29.33 1.12
YearAgo 22.93 1.15 27.01 1.21
Company 30‐May Prev_Day
NTPC 135 131 3.21
BhartiAirtel 347 339 2.33
YesBank 155 152 2.18
Nifty50Top3Losers DomesticNews
Company 30‐May Prev_Day
SunPharma 413 424 ‐2.61
EicherMotors 19892 20424 ‐2.61
ZeeEnte. 365 373 ‐1.96
Advances 1210 866
Declines 1350 932
Unchanged 152 126
Description(Cr) YTD
FIIFlows* 73979
MFFlows** 3818
YoY(%) Current YearAgo
Sensex Nifty
Indian equity markets got back to their record‐setting ways, closing at
all‐time highs. The impetus has been investors’ expectations that the
government in its second term will undertake more reforms and improve
the health of the economy. Also, investors looked forward to the Prime
Minister’s swearing‐in ceremony and announcement of ministers at key
Key benchmark indices S&P BSE Sensex and Nifty 50 gained 0.84% and
0.71%, respectively, to close at 39,831.97 and 11,945.90, respectively. S&P
BSE Mid‐Cap and S&P BSE Small Cap gained 0.40% and 0.20%,
The overall market breadth on BSE was weak with 1,210 scrips
advancing and 1,350 scrips declining. A total of 152 scrips remained
On the BSE sectoral front, S&P BSE Power was the major gainer, up
1.58%, followed by S&P BSE Utilities and S&P BSE Telecom, up 1.46% and
1.21%, respectively. S&P BSE Energy and S&P BSE Finance gained 1.04%
and 0.97%, respectively. S&P BSE Auto was the major loser, down 0.61%,
followed by S&P BSE Metal and S&P BSE Realty, down 0.38% and 0.26%,
According to media report, merger and acquisition and private equity
deal values dropped 79% in Apr 2019 despite easing of Indo‐Pakistan
tensions, strengthening of rupee against dollar and encouraging domestic
sentiment on the back of easing inflation. Total merger and acquisition
(M&A) and private equity (PE) deal value was at $4,579 million (about Rs.
31,950 crore) in Apr against $21,766 million in the same month last year.
Media reports said, the government is examining India’s foreign direct
investment policy to look for new areas that can be opened to overseas
investors and sectors that face hurdles despite being on the automatic
route. This comes after FDI equity inflows into India fell in 2018‐19, for the
first time in six years, with a steep decline in telecom, pharmaceuticals
and power. FDI equity inflows into India declined 1% to $44.4 billion in
2018‐19 from a record $44.8 billion in the previous year.
The Ministry of Statistics and Programme Implementation (MoSPI) will
identify villages with no economic activity in the upcoming economic
census. The Seventh Economic Census will be held this year after a gap of
five years. The census, conducted by MoSPI, would give a complete count
of all economic units in the country. The entire field work is proposed to
be completed during Jun to Sep 2019 across all states and Union
Territories. National level provisional results are planned to be released by
Dec 2019. A National Business Register and Unique Identification Code
framework including legal framework for establishments are proposed for
the exercise. The integration of data from platforms such as GSTN, MCA‐
21, EPFO and ESIC is also planned.
Asian equity markets were mostly lower as U.S. and European markets
declined over trade war concerns and as investors fretted about slowing
global growth. Uncertainty over Britain's exit from the European Union
also kept investors on their toes. Today (as of May 31), Asian markets
opened on a negative note on downbeat Chinese economic data. Both
Nikkei and Hang Seng were trading lower 0.94% and 0.04%, respectively
(as at 8 a.m. IST).
As per the last close, European markets increased on value buying after
recent losses but concerns over the ongoing trade dispute between the
U.S. and China continues to persist. Investors were also tracking news on
Brexit, Middle East tensions, crude oil prices and U.S. and European
economic data for direction.
As per the last close, U.S markets rose marginally on bargain buying
following recent weakness. Rise in the U.S. treasury yields also contributed
to the upward move. However, gains were limited due to lingering
concerns about the U.S.‐China trade dispute.
FIIDerivativeTradeStatistics 30‐May
(RsCr) Buy Sell OpenInt.
IndexFutures 9826.70 10560.87 34024.09
IndexOptions 188790.03 186297.03 72385.54
StockFutures 35671.99 36463.73 90418.62
StockOptions 4943.62 4959.57 7019.97
Total 239232.34 238281.20 203848.22
30‐May Prev_Day Change
PutCallRatio(OI) 1.46 1.16 0.30
PutCallRatio(Vol) 0.94 0.78 0.16
30‐May Wk.Ago Mth.Ago YearAgo
CallRate 5.92% 5.90% 6.15% 5.90%
T‐Repo 5.98% 5.94% 6.01% NA
Repo 6.00% 6.00% 6.00% 6.00%
ReverseRepo 5.75% 5.75% 5.75% 5.75%
91DayT‐Bill 6.18% 6.26% 6.45% 6.40%
364DayT‐Bill 6.29% 6.35% 6.49% 6.90%
10YearGilt 7.14% 7.24% 7.41% 7.78%
G‐SecVol.(Rs.Cr) 28574 71264 22574 23584
FBILMIBOR* 6.00% 6.05% 6.22% 6.00%
3MonthCPRate 6.80% 7.00% 7.50% 7.90%
5YearCorpBond 8.12% 8.35% 8.46% 8.59%
1MonthCDRate 6.46% 6.52% 7.36% 6.82%
3MonthCDRate 6.56% 6.67% 7.40% 7.33%
1YearCDRate 7.18% 7.44% 7.63% 8.25%
Currency 29‐May Prev_Day Change
USD/INR 69.88 69.61 0.27
GBP/INR 88.47 88.28 0.19
EURO/INR 78.01 77.86 0.15
JPY/INR 0.64 0.64 0.00
Commodity 30‐May WkAgo Mth.Ago YearAgo
NYMEXCrude($/bl) 56.42 57.62 63.78 68.24
BrentCrude($/bl) 70.79 69.36 71.87 76.18
Gold($/oz) 1289 1283 1283 1301
Gold(Rs./10gm) 31674 31699 31723 30924
The information herein is meant only for general reading purposes and contains all factual and statistical information pertaining to Industry and markets which have been obtained from independent third
party sources and which are deemed to be reliable. The information provided cannot be considered as guidelines, recommendations or as a professional guide for the readers. It may be noted that since
Reliance Nippon Life Asset Management Company Limited (RNLAM) (formerly Reliance Capital Asset Management Limited) has not independently verified the accuracy or authenticity of such information
or data, or for that matter the reasonableness of the assumptions upon which such data and information has been processed or arrive data; RNLAM does not in any manner assures the accuracy or
authenticity of such data and information. Some of the statements & assertions contained in these materials may reflect RNLAM’s views or opinions, which in turn may have been formed on the basis of
such data or information. The Sponsor(s), the Investment Manager, the Trustee or any of their respective directors, employees, affiliates or representatives do not assume any responsibility for, or warrant
the accuracy, completeness, adequacy and reliability of such data or information. Whilst no action has been solicited based upon the information provided herein, due care has been taken to ensure that
the facts are accurate and opinions given are fair and reasonable, to the extent possible. This information is not intended to be an offer or solicitation for the purchase or sale of any financial product or
instrument. Recipients of this information should rely on information/data arising out of their own investigations. Before making any investments, the readers are advised to seek independent
professional advice, verify the contents in order to arrive at an informed investment decision. None of the Sponsor(s), the Investment Manager, the Trustee, their respective directors, employees, affiliates
or representatives shall be liable in any way for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including on account of lost profits arising from the information
Nifty May 2019 Futures settled at spot closing of 11,945.90. Nifty Jun
2019 Futures were at 11,976.70, a premium of 30.80 points, above the
spot closing. The turnover on NSE’s Futures and Options segment
increased to Rs. 23,70,654.07 crore on May 30, 2019, compared with Rs.
11,36,295.00 crore on May 29, 2019.
The Put‐Call ratio stood at 0.87 compared with the previous session’s
close of 0.84.
The Nifty Put‐Call ratio stood at 1.46 compared with the previous
session’s close of 1.16.
Open interest on Nifty Futures stood at 26.68 million as against the
previous session’s close at 26.70 million.
Bond yields rose as investors resorted to profit booking to take
advantage of the recent rally. Besides, the market is awaiting the
country’s economic growth data, which is due on May 31, 2019, for
further cues.
Yield on the 10‐year benchmark paper (7.26% GS 2029) increased 2 bps
to 7.14% compared with the previous close of 7.12% after trading in a
range of 7.13% to 7.15%.
Banks’ borrowings under the repo window of the Liquidity Adjustment
Facility (LAF) stood at Rs. 15,606 crore (gross) on May 30, 2019, compared
with Rs. 5,266 crore (gross) as on May 29, 2019. Sale of securities under
Reserve Bank of India’s (RBI) reverse repo window stood at Rs. 19,010
crore on May 29, 2019.
Banks borrowed Rs. 500 crore under the central bank’s Marginal
Standing Facility on May 29, 2019 compared with borrowing of Rs. 1,000
crore on May 28, 2019.
The Indian rupee declined amid the aggravating U.S.‐China trade feud,
which weighed on investors’ appetite for riskier assets. Besides, month‐
end dollar demand from importers also kept the local unit under
pressure. The rupee closed at 69.87 a dollar, down 0.06% compared with
the previous close of 69.83.
The euro was nearly flat against the greenback amid escalating trade
worries between U.S. and China. The euro was last seen trading at
Gold prices edged lower against the greenback as the latter firmed
following developments on the U.S.‐China trade front.
Brent crude prices was up after American Petroleum Institute’s report
showed a higher‐than‐expected fall in U.S. crude stockpiles.
Bank of England deputy governor said a Brexit outcome of no deal and
no transition is the biggest risk to the U.K. economy and financial stability.
He said this would have large negative economic effects and added that
he is more pessimistic on GDP growth forecast than his colleagues on the
monetary policy committee.
Society of Motor Manufacturers and Traders data showed U.K. car
production plunged in Apr 2019 as manufacturers rescheduled factory
shutdowns to prepare for the expected uncertainty on the original Brexit
deadline of Mar 29, 2019.
Thank you for
your time.